$BNB
BNB
829.75
-0.85%
Technical Analysis:
The price is moving in a sideways range (consolidation) after a strong rise at the beginning of December, with strong support at the long-term upward trend line (since 2024).
The RSI indicator is currently in the neutral zone (~36), indicating no overbought or oversold conditions, but the market tends to be cautious (Fear & Greed Index in the extreme fear zone).
Main resistance: $870-900, then $1,000 psychologically.
Main support: $790-800; breaking this level may lead to a deeper correction.
Overall trend: long-term bullish, but short-term neutral to bearish due to price rejection below $1,000.